work elsewhere. but these but. that's what i found out is that this is also possible in germany. we've already spoke to banks who would be happy to solve the entire matter but even those bank accounts are very labor intensive for them and hoping to create a win win situation. it's the banks will benefit society will benefit and the german government will align its laws with international standards. he still hasn't won over politicians or the banks in germany but is determined to keep striving for a better world. a world in which the oceans off the coast of norway would be spared the effects of pollution and overfishing. the ocean is the source of much of the country's wealth but the maritime industry has been slow in protecting it properly. startups and also are looking for solutions.

one idea is a design for underwater traps for sustainable fishing. the startups founders need funding. for investors like talk about new start it's a chance to save the world and make money. the goal is we're looking for the best farmers that's. the core of their business using technology. making huge pulse to impact the world at the same time as making great profits when i. talk to is heir to a norwegian real estate empire he's determined to prove the finance sector that environmental protection can bring a profit. to start and his business partner. had big plans in store for the start up to get the nod. received training from mentors in finance and industry. there with the goal is to help the start of this.

what will encourage change across entire industries. imposing. the risk. is the world of finance ready to go green for their projects and will start in power are planning to use their influential network and banking industry. much like lobbyists to connect startups to the corporate establishment and introduce young innovators to the older generation of investors. for not being more technology to to be we we can not walk with you know the must take. the plastic in the ocean we can understand how much fish are actually hold us their fish over fences and the cards they do there seem to understand and can also continue to get in a much better way than previously so this is where that's the technology enables us to get to hot. and then i think also is something that the new generation is coming to have maybe have a more docs real estate from about this comes this wealth than made their parents

or grandparents like to live the 2nd world war and using new technology to solve urgent problems and earn money in the process that's the goal. but what will it take for green investments to truly take off. pencil it is convinced that this will only happen once people are convinced it will turn a profit. then people think that when they make sustainability an investment criteria they'll automatically lose money and then that's not true for you effectively lose money when you don't have all the information relevant for development of your investment investment and today the relevant issues are climate change resource scarcity and depletion of social stability. they drive the economy and determine the value of investments if you don't take that information into account on your own bad investor but for the finance world that hasn't quite sunk in yet it was good enough once that. this is the

headquarters of one of germany's largest asset management companies in munich. is responsible for billions of euros. almost of course headed the 270000000000 euro investment branch of the world's largest reinsurer munich agreed until june 2020. he's been involved with sustainable investments for decades the minds of the previous we had to funds back then to mutual funds the may add sustainability fund which was an international equity fund and may had climate change a fund that invested in solar panels and solar parks parts exact then no one was interested in them it's made out sustainability the equity fund took a long time many years before it was taken seriously on the market. to market and we had to close the climate strategy fun so no one invested in it. today may exist

in the billet he is one of the company's most successful products in this and has robust growth this year stocking attitude has also changed. well back then it was a visionary missionary concept as you know today sustainability is reality and if you meet it. a recent study has shown that the world's largest companies face up to one trillion euros from climate change impacts. court says the message is beginning to sink in. either he said by each bar here represents a study the same question was asked each time is sustainability good or bad for performance list for the serious 2007 year for back then every investment in a solar or wind park was a risky one and here you see that beginning in 20162017 that turned around from here on investors gave

a different answer for sustainability became good for performance it could prove performance. the wind of change is blowing in the investment industry but why is that is social pressure having an impact. on globalization analysts josefa is addressing young climate activists he's convinced that the wealthy stand to lose a lot of money and some budget men if i had my freedom means that i can board a plane a 100 times a year fly to 7 different marathons around the globe that feels like a wonderful freedom but what if that's no longer allowed and the days of international marathons are over as a vanished field to see if i'm wealthy i'll want to help prevent this catastrophe if only to preserve my own freedom to top the top emitters need to make their companies climate neutral that's now becoming a huge issue of. sustainability is also on the agenda at

a meeting in this london bank church of england representative adam matthews is meeting with members of the global investment elite to encourage change. some companies are actually putting more effort into the notion of trying to disprove the never to than actually invest in to transform themselves. top show executive is in attendance. adam matthews and his team want to confront the oil executives with some cold hard facts. today's been about space we understand in which oil and gas companies which mining companies which are a bit tricky to the 2 companies are genuinely starting to transition that businesses and which aren't so that we've got clarity as investors about where we need to focus our attention and use. leaders of change with those companies that are on progressing false north. but as adam matthews knows the most powerful

weapon in finding climate change is forming alliances with other investors. stephanie pfeiffer is on the steering committee of the climate $100.00 plus initiative who i think what makes it so powerful is the weight of the investors behind it you've got $36370.00 investors with $34.00 trillion dollars in assets engaging with the highest emitting companies globally at c.e.o. level it is being taken very seriously and it has been accepted that we we only. know the investors are worried about what will happen to their money if the oil giants don't go carbon free quickly enough. will the industry face stiff penalties and will the value of their investments plummet. in a show of strength the shareholders convinced the shell executives to enact a new policy linking their salaries to successfully implementing carbon reduction

measures. this is one of the largest oil and gas companies in the world through this it process we were able to negotiate the 1st of the statement between invest. does. not want to gus company but the question is is that change sufficient from the level of the challenge that we're dealing with and i think that's where there's still a lot of work to be done. but time is running out especially for the younger generation. they're demanding far reaching changes to the global economy. but sustainability expert you also warns against changes that are too radical. doesn't it a ghost in the us our market system is one of the greatest achievements of humankind and we've created an incredible machine that provides us with all these goods and services is for doing we can't let it grind to a standstill any changes we make to this machine will be

a kind of open heart surgery as an oak of the machine must continue to keep beating while we change it from the fat end dog to save the climate and our prosperity traditional industries will need to be able to shift course without going under and investors have a key role to play invest one investors need to understand that in capitalism what happens in society is significantly determined by decisions made by investors inside of that and to we are those investors the amazons we have to ask what's happening to our money our shares in major companies and how can we influence them and him that's what we need to focus on it and we need to do it in a way that does justice to the scope and urgency of these issues. good. issues that concern these affluent international millennialists. so it has brought them together for an evening event in zurich. 'd the idea of

sustainable investment has also won over this young millionaire from brazil. so we decided to do is really thought through this is the. because i insulted it was to create a community where we can have it here it's change and also education and how we can maximize our impact through all throughout all of our portfolio. not only our wealthy individuals going green they're creating networks from families to loans from scientists to wealthy millennium goals to the international climate strike movement. the younger generation is determined to promote change. my main motivation is because i want to create a world where we all can be thriving happy people. and that's what i believe as a tech nerd we stand in front of

a trial stroll out there it's going to hell is going to g.o.p. votes up there and we can influence that. choice and i want to go towards the positive is that all negative. the green investment revolution has started and some investors have made climate protection their goal. but it's only a beginning. here

comes goggling from the town. news stations and health clinics. or has often been in short supply. palaces flowing from towns across the country full time says so let's. go for go. w. . on the road with our

superheroes my mission is clear. and nico slowly explore germany. they dive in and check everything out there's a lot going on in. germany tried and tested again. in 60 minutes on the. train trip it's. a lot of fun she would fix drive it into outfits and glitter glitter glitter. the fight against prejudice i don't hold a void i did nothing and just getting up and formed recognition.

to be our little stars on the big stage. hello everybody and welcome to a cool africa it's great to have you with us i'm krista lem's in lagos nigeria as always we have a lot of interesting news stories on the environment europa and offer that is great peace and i am sundra to be no video coming to you from compiler here in uganda a big hello to everybody today will be to.